https://knews.kathimerini.com.cy/en/news/1-ai-to-shake-up-banking-putting-thousands-of-jobs-at-risk
The global banking industry is bracing for a seismic shift as artificial intelligence (AI) continues to revolutionize the sector. A recent study by Bloomberg Intelligence predicts that up to 200,000 jobs in banking will be eliminated over the next three to five years as AI takes over tasks currently performed by employees....
https://knews.kathimerini.com.cy/en/comment/opinion/democracy-s-final-form-when-digital-capitalism-perfects-the-free-market-of-power
The convergence of two recent developments signals a profound transformation in how democracy operates in the digital age....
https://knews.kathimerini.com.cy/en/news/cooperation-among-cyprus-greece-and-egypt-essential-for-stability-in-the-eastern-mediterranean
In a fluid and volatile international environment, closer cooperation among Cyprus, Greece, and Egypt has become essential to ensure peace and stability in the Eastern Mediterranean....
https://knews.kathimerini.com.cy/en/business/investor-scammed-out-of-$58-000-in-cryptocurrency-fraud
The promise of easy profits through online investments lured a 50-year-old man into a sophisticated cryptocurrency scam, resulting in the loss of $58,000....
https://knews.kathimerini.com.cy/en/news/2024-a-year-of-change-and-controversy-in-cyprus
2024 was a year of upheaval and drama for Cyprus, marked by significant changes, political reshuffling, court decisions, and constitutional challenges. The events listed below highlight some of the most important moments that defined the year.
...
https://knews.kathimerini.com.cy/en/news/occupied-territories-grant-new-citizenships-in-2024
The "government" announced today that an additional 133 individuals were granted "citizenship," bringing the total number of citizens to 4,431 for the period from January 1 to December 28, 2024....
https://knews.kathimerini.com.cy/en/news/majority-of-cypriots-lack-faith-in-government-according-to-recent-survey
Cypronetwork, a Cyprus-based market research and consulting firm, has released its latest barometer survey, shedding light on the issues that most concern citizens in Cyprus, public trust in institutions, and electoral behavior....
https://knews.kathimerini.com.cy/en/life/a-winter-swim-in-honor-of-little-heroes
For the 8th consecutive year, participants and attendees gathered on Limassol beach this morning to send a powerful message of support and optimism during the event "Swimming with the OYK for our Little Heroes."...
https://knews.kathimerini.com.cy/en/news/cyprus-biggest-corruption-cases-head-towards-a-verdict-in-2025
The Independent Anti-Corruption Authority is gearing up for a pivotal 2025, with several high-profile investigations nearing their conclusions....
https://knews.kathimerini.com.cy/en/news/banks-under-fire-how-public-pressure-forced-a-shake-up
Over the past decade, Cypriot banks have paid over €500 million to the state through a special levy known as the ''double tax.''...
https://knews.kathimerini.com.cy/en/comment/opinion/the-vatican-politics-and-our-underwater-cable-a-humorous-take-on-cyprus-life
I read it, and I couldn’t believe my eyes. The Vatican is facing serious financial problems....
https://knews.kathimerini.com.cy/en/news/president-inaugurates-new-wing-of-prisons
President Nicos Christodoulides inaugurated the new wing of the Closed Prison on Tuesday....
https://knews.kathimerini.com.cy/en/news/forensic-pathologist-challenges-ruling-in-soldier-s-suspicious-death
Forensic pathologist Panikos Stavrianos has expressed strong criticism of the Supreme Court's decision to uphold the third investigative conclusion in the death of National Guard soldier Thanasis Nikolaou. ...
https://knews.kathimerini.com.cy/en/news/university-of-nicosia-marks-record-achievement-with-17-academics-among-world-s-top-cited-scientists
The University of Nicosia announces seventeen of its academics being recognised among the world's most-cited scientists, according to the latest Stanford University list of top-cited scientists....
https://knews.kathimerini.com.cy/en/comment/opinion/cypriot-mp-s-take-a-break-from-banking-on-reform
Yesterday, we witnessed one of the most evenly matched votes ever held in the Cyprus Parliament. MPs were called to vote on the proposal from AKEL for a one-off tax on bank profits....
https://knews.kathimerini.com.cy/en/news/cyprus-mps-vote-on-major-bills-including-tax-hikes-and-baby-bonuses
The Cyprus Parliament was busy on Thursday, voting on a series of important bills that could reshape the island's economic landscape and support families....
https://knews.kathimerini.com.cy/en/news/legal-battle-intensifies-over-intrakat-s-€7-2m-guarantee-for-paphos-motorway
The ongoing legal battle between the Republic of Cyprus and the contractor Intrakat over the Paphos-Polis Chrysochous motorway project continues to create a complicated mess with multiple court cases in play....
https://knews.kathimerini.com.cy/en/news/mps-set-to-vote-on-over-100-bills-today-including-5-tax-on-banks-and-car-recalls
In today's last plenary session before the Christmas holidays, Cypriot MPs will vote on over 100 bills and legislative proposals, with attention focusing on several high-profile issues....
https://knews.kathimerini.com.cy/en/business/moody-s-nick-hill-on-financial-risks-and-opportunities-for-2025
In an insightful conversation with Kathimerini's Panayiotis Rougalas, Nick Hill discusses the key macroeconomic risks and opportunities facing the region in 2025....
https://knews.kathimerini.com.cy/en/business/europe-shines-in-global-race-for-smarter-power-grids-but-china-gains-ground
Europe is at the forefront of innovation in electricity grid technology, sharing the lead with Japan in global patent filings over the past decade....
https://knews.kathimerini.com.cy/en/business/geopolitical-pressures-threaten-2025-recovery
Speaking at the 20th Economist Conference in Nicosia, Nick Hill highlighted the macroeconomic and geopolitical challenges shaping the global financial environment....
https://knews.kathimerini.com.cy/en/business/hellenic-bank-ceo-michalis-louis-on-merger-plans-and-cyprus-future
According to Kathimerini's Panayiotis Rougalas, Michalis Louis, in his first interview since becoming CEO of Hellenic Bank, discussed the challenges and opportunities ahead, especially in the context of the bank’s merger plans and its strategies for growth....
https://knews.kathimerini.com.cy/en/news/end-of-an-era-assad-flees-syria-as-government-collapses
In a dramatic and swift turn of events, the Syrian government has collapsed, marking the end of the Assad family's 50-year rule....
https://knews.kathimerini.com.cy/en/business/ai-in-finance-embrace-the-future-or-be-left-behind
Technology is changing how we do everything, and finance is no different. ...
https://knews.kathimerini.com.cy/en/news/disagreement-among-disy-mps-over-strengthening-anti-corruption-authority
According to an article by Pavlos Neophytou, a clash has emerged within the Democratic Rally (DISY) party over the process and timeline for enhancing the Independent Authority Against Corruption....
https://knews.kathimerini.com.cy/en/business/cybersecurity-and-ict-risks-emerge-as-leading-drivers-of-operational-risk
Geopolitical tensions have significantly increased operational risks, particularly in the areas of cyber and digital threats, as well as risks related to money laundering and sanctions compliance....
https://knews.kathimerini.com.cy/en/news/the-greek-orthodox-priest-at-the-center-of-anti-woke-education
The ideological conflict in the US has shifted from a traditional left-versus-right divide to a new dichotomy: “woke” versus “anti-woke.”...
https://knews.kathimerini.com.cy/en/business/cyprus-receives-major-credit-rating-boost-from-moody-s
Last Friday, Moody’s delivered a major endorsement of Cyprus’ economic progress, upgrading its credit rating by two notches, from Baa2 to A3, with a stable outlook, according to a report by Panayiotis Rougalas. ...
https://knews.kathimerini.com.cy/en/business/200-foreign-companies-and-1-200-new-jobs-in-cyprus-in-six-months
Cyprus is experiencing a surge in foreign investment, with approximately 200 international companies establishing operations in the country during the first half of the year. ...
https://knews.kathimerini.com.cy/en/business/eurobank-acquires-full-control-of-hellenic-bank
Eurobank has taken a significant step in consolidating its presence in Cyprus, announcing the acquisition of a controlling stake in Hellenic Bank, according to a report by Panyiotis Rougalas....
